NOT LISTED FOR SALE

55 Gibbs Ave Somers Point, NJ 08244

Estimated Value: $357,302 - $472,000

2 Beds
1 Bath
-- Sq Ft
0.33 Acres

Last Sold November 24, 2015

Last sale price $90,000

Est. 367% increase in value since last sale

Current estimated payment $2,815/month

47 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Main Floor Primary Bedroom
  • Mainland Regional High School Rated A-
  • Wood Flooring
  • Partial Storm Protection

About This Home

As of November 2015

Great Opportunity in the Historic Bay District. Large lot for a great price. Call listing agent for all of the details.

Fred Bagherpour

CENTURY 21 ALLIANCE-S104D License #0675679 Listed on: 07/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,589

Year Built

  • 1930

Lot Details

  • Lot Dimensions are 80 x 160
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Dining Area
  • Storage In Attic
  • Stove

Flooring

  • Wood
  • Wood Under Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement
  • Crawl Space

Home Security

  • Partial Storm Protection
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Shed

Location

  • The property is located in a historic district

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,589

Year Built

1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1930

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Flooring: Hardwood, Vinyl, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space, Masonry Floor/Wall, Partial, Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Needs Work, Shed, Sidewalks
  • Siding Exterior: Masonry/Block, Vinyl
  • Storm Screens: Partial

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One And Half Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 80 X 160
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Bagherpour Farhad and Bagherpour David J
Bought by
Bagherpour Cima N and Bagherpour David J
Total Days on Market
47
Current Estimated Value
$420,576

Purchase Details

Listed on
Jul 17, 2015
Closed on
Nov 24, 2015
Sold by
Boyle Dorothy and Boyle James
Bought by
Bagherpour Farhad and Bagherpour David
Buyer's Agent
Fred Bagherpour
CENTURY 21 ALLIANCE-S104D
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$67,500
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2014
Sold by
Boyle Dorothy
Bought by
Boyle Dorothy

Purchase Details

Closed on
Oct 17, 1997
Sold by
Boyle Francis E
Bought by
Boyle Francis E and Boyle Dorothy

Purchase Details

Closed on
Jul 25, 1997
Sold by
Norcross Samuel S and Norcross Samuel S
Bought by
Boyle Francis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.55%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bagherpour Cima N -- Surety Title
Bagherpour Farhad $90,000 Attorney
Boyle Dorothy -- None Available
Boyle Francis E -- --
Boyle Francis E $85,000 Southern Counties Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagherpour Farhad $67,500
Previous Owner Boyle Francis E $60,000
Previous Owner Boyle Francis E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $90,000 0.0% --
09/02/2015 09/02/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $90,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,589 $156,300 $84,700 $71,600
2023 $5,222 $156,300 $84,700 $71,600
2022 $5,222 $156,300 $84,700 $71,600
2021 $5,144 $156,300 $84,700 $71,600
2020 $5,039 $156,300 $84,700 $71,600
2019 $4,897 $156,300 $84,700 $71,600
2018 $4,794 $156,300 $84,700 $71,600
2017 $4,622 $156,300 $84,700 $71,600
2016 $4,723 $167,300 $84,700 $82,600
2015 $4,674 $167,300 $84,700 $82,600
2014 $4,267 $167,300 $84,700 $82,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 451723

South Jersey Shore Regional MLS

APN: 21-01512-0000-00011